VMS TMT LIMITED – Board Changes Overview

Date of Announcement: 29 April 2026

Key Highlights

• New Appointment: Ms. Vaishaliben Sanjaybhai Jain
  • Role: Non‑Executive Non‑Independent Director
  • Term: 60 months (5 years) starting 29 Apr 2026
  • Background: B.Com, Company Secretary (CS), extensive experience with private, public, and listed companies, including RBI compliance.
• Resignation: Mr. Vinodkumar Bhanwer Singh
  • Role: Non‑Executive Non‑Independent Director
  • Effective Date: 29 Apr 2026
  • Reason: Personal reasons (as per resignation letter).
• Board Meeting: Held on 26 Apr 2026 (16:00‑16:30) where both changes were approved.

Strategic Implications

• Governance Strengthening: Ms. Jain’s expertise in corporate law and regulatory frameworks is expected to bolster board oversight, especially in compliance with RBI and SEBI regulations.
• Continuity: The resignation is personal and does not reflect any operational or strategic disruption. The board retains its required composition, ensuring smooth decision‑making.
• Regulatory Compliance: Both directors are affirmed to be free from SEBI disqualification or any other statutory bans, maintaining the company’s compliance standing.

Investor Considerations

• Risk: Minimal. No indication of financial distress or strategic shift.
• Opportunity: Enhanced compliance oversight may reduce regulatory risk and improve investor confidence.
• Action: No immediate action required; monitor future board disclosures for any further governance developments.

Outlook

Given the neutral financial impact and the potential governance benefits, the outlook for VMS TMT Limited remains moderately positive. The company continues to operate under a stable board structure, with added expertise that could support long‑term risk management.